Form 4: Centuri Holdings CFO Gregory Izenstark Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Gregory Izenstark, CFO of Centuri Holdings, reports the vesting and subsequent tax withholding of shares related to restricted stock units.

Summary

  • On May 12, 2025, Gregory A. Izenstark, CFO of Centuri Holdings, Inc., reported transactions involving Centuri Holdings' common stock.
  • These transactions involved the vesting of 40,404 restricted stock units (RSUs) which converted into common stock on a one-for-one basis.
  • The company withheld 13,071 shares at a price of $19.53 to cover tax withholding obligations related to the RSU vesting.
  • Following these transactions, Izenstark directly owns 32,583 shares of Centuri Holdings common stock.
  • The reporting was filed on May 14, 2025.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard compensation practices; therefore, the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.

Stakeholder Impact

  • The vesting of RSUs and subsequent tax withholding have a minor dilutive effect on existing shareholders.

Key Dates

DateDescription
05/12/2024Reporting Person was granted 40,404.04 RSUs
05/12/2025Date of earliest transaction: Vesting of RSUs and tax withholding.
05/14/2025Date of Form 4 filing.

Keywords

Centuri Holdings, Gregory Izenstark, CFO, Form 4, Stock Transactions, Restricted Stock Units, RSU, Tax Withholding, Beneficial Ownership

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